YEARLY HIGH
11.6105 SOS
YEARLY LOW
10.5192 SOS
YEARLY AVERAGE
11.1614 SOS

2021 MKD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 11.6105. Conversely, the yearly low was recorded on November 25, dropping to 10.5192.

This high-to-low spread represents a total annual volatility of 1.0913 SOS. From a start-to-finish perspective, comparing the January average rate of 11.4741 to the December average rate of 10.6729, the exchange rate registered a net change of -6.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.6105 was up 0.16% compared to the 2020 peak of 11.5918, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 58,052 SOS
2020 Average 53,813 SOS
Yearly Trough Low 52,596 SOS
Transaction Impact: A difference of 5,456.28 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.5543
10.5928
JanuMarcMayJulySeptNove

MKD to SOS Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.3719, compared to 10.9509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4210 points.

H1 Avg (Jan–Jun) 11.3719
H2 Avg (Jul–Dec) 10.9509

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.4775 SOS (High: 10.9967 / Low: 10.5192). On the other end, October was the most stable month, with a tight range of 0.2101 SOS (High: 11.0422 / Low: 10.8321).

November Spread (Volatile) ±0.4775
October Spread (Stable) ±0.2101

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2399 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 11.4677) against the same month in 2020 (average: 10.2759), the exchange rate shifted by +1.1918 (+11.60%).

2021 Avg (May) 11.4677
2020 Avg (May) 10.2759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.6059 11.3404 11.4741
February 11.5017 11.2734 11.4019
March 11.3984 11.0439 11.2326
April 11.4726 11.0199 11.2726
May 11.6105 11.2611 11.4677
June 11.5750 11.1495 11.3825
July 11.2597 11.0426 11.1427
August 11.2101 10.9665 11.0636
September 11.2188 10.9227 11.1069
October 11.0422 10.8321 10.9553
November 10.9967 10.5192 10.7641
December 10.7771 10.5567 10.6729